HomeMy WebLinkAboutMO #2620MUNICIPAL ORDER NO. 2620
A MUNICIPAL ORDER AUTHORIZING THE MAYOR TO EXECUTE
A CONTRACT WITH SPROCKET, INC. IN THE AMOUNT OF $75,000 TO
PROVIDE SMALL BUSINESS DEVELOPMENT AND JOB CREATION
PROGRAMS
BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the Mayor is hereby authorized to execute a contract
with Sprocket, Inc. in the amount of $75,000 payable in equal quarterly installments of
$18,750, the first installment being due no later than September 30, 2022, and subsequent
payments being due December 31, 2022, March 31, 2023, and June 30, 2023. This
contract shall expire June 30, 2023.
SECTION 2. This expenditure shall be charged to the Investment Fund,
Account No. 24000401-580810
SECTION 3. This Municipal Order shall be effective from and after the
date of its adoption.
George Bray, Mayor
ATTEST:
Lindsay Pari, h, amity Clerk
Adopted by the Board of Commissioners, August 9, 2022
Recorded by Lindsay Parish, City Clerk, August 9, 2022
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